(1)
A flexible budget requires careful study and classification of expenses into
Answer: Fixed, semi-variable and variable expenses
Answer: Fixed, semi-variable and variable expenses
Answer: Cost centre-wise
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Answer: Net Profit Ratio × Capital Turnover Ratio
Answer: Capital profit
Answer: Leveraged lease
Answer: Elastic demand
Answer: When the false null hypothesis is accepted.
Answer: If the population is not normal from which the sample is drawn, the SDM is not normal for any sample size.
Answer: Interpreting the tax law in ones own way to minimise tax liability.
Answer: To help the organisation to plan various activities.
Answer: Descriptive analysis
Answer: Unity of Command
Answer: Customer segmentation
Answer: Cultural environment
Answer: Value addition
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